Is Block Inc [XYZ] a good investment? Don’t be fooled by its recent momentum

The price of Block Inc (NYSE:XYZ) shares last traded on Wall Street fell -2.07% to $64.48.

XYZ stock price is now 14.17% away from the 50-day moving average and -9.58% away from the 200-day moving average. The market capitalization of the company currently stands at $39.66B.

With the price target maintained at $75, Evercore ISI recently Upgraded its rating from In-line to Outperform for Block Inc (NYSE: XYZ). On June 02, 2025, Truist recently initiated its ‘Sell’ rating on the stock quoting a target price of $60, while ‘BNP Paribas Exane’ rates the stock as ‘Outperform’

In other news, Jennings Owen Britton, Business Lead sold 2,185 shares of the company’s stock on Jun 06 ’25. The stock was sold for $142,025 at an average price of $65.00. Upon completion of the transaction, the Business Lead now directly owns 278,974 shares in the company, valued at $17.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’25, Officer OWEN B JENNINGS bought 2,185 shares of the business’s stock. A total of $142,025 was incurred on buying the stock at an average price of $65.00. A total of 12.90% of the company’s stock is owned by insiders.

During the past 12 months, Block Inc has had a low of $44.27 and a high of $99.26. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 2.27, and a quick ratio of 2.26. The net profit margin was 10.92% and return on equity was 12.93% for XYZ.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.